Siding Insulation Tax Credits and Incentives
Many people don't realize there are potential rebates, tax credits and other incentives available through states, counties, cities and even local utility companies! We encourage you to visit www.DSIREusa.org to find additional incentives or programs that our siding insulation products may qualify for.
CURRENT FEDERAL TAX CREDIT AVAILABLE:
Residential Energy Efficiency Tax Credit per The American Taxpayer Relief Act of 2012
(applicable to purchases made in 2011, 2012 and 2013)
The Residential Energy Efficiency Tax Credit outlined in 26 USC § 25C of the Internal Revenue Code allows a credit for energy efficiency improvements in the building envelope of existing homes, including improvements such as building insulation. To be eligible for the credit, the improvement must meet the prescriptive requirements established for it under the 2009 International Energy Conservation Code (including supplements).
The following Progressive Foam siding insulation products qualify as insulation materials and systems designed to reduce a home’s heat loss or gain:
- Fullback®V Siding Insulation for Vinyl Siding (drop-in, field-applied)
- Fullback®V Premium Siding Insulation for Vinyl Siding (drop-in, field-applied)
- Fullback®FC Siding Insulation for Fiber Cement
- Fullback®FC Premium Siding Insulation for Fiber Cement
- Linebacker® Siding Insulation
- Linebacker® Premium Siding Insulation
- Halfback®H20 Universal Siding Insulation
- Halfback®H20 Premium Universal Siding Insulation
- Halfback® Universal Siding Insulation
- ProFold® Premium Universal Siding Insulation
- Insulated accessories (including corner post inserts, insulating shims, etc.
Tax Credit Details
This tax credit expired at the end of 2011. The American Taxpayer Relief Act of 2012 renewed this tax credit effective January 1, 2012, expiring again on December 31, 2013. Any qualified equipment installed in 2012 or 2013 is eligible for this credit.
- Owners of existing homes may receive a tax credit worth 10% of the cost of upgrading the efficiency of the building’s envelope.
- Installation (labor) costs are not included and the credit is capped at $500 for all improvements.
- The cumulative maximum amount of tax credit that can be claimed by a taxpayer in all three years (2011, 2012 and 2013) combined is $500. If a taxpayer has already claimed a tax credit of $500 for purchases made in any previous year, they are ineligible for additional tax credits for any new equipment purchases.
Claiming Your Tax Credit
After establishing your eligibility for a claim, please complete the following to ensure accuracy:
1.) Request an invoice demonstrating the cost breakout of the Progressive Foam siding insulation from your contractor. This cost must exclude the cost of onsite preparation, assembly, original installation labor, siding or sales tax.
2.) Download the official Manufacturer’s Certificate PDF following the instructions found at www.progressivefoam.com/tax-credits
3.) Retain the contractor invoice and our official Manufacturer’s Certificate for your IRS records. You are not required to provide this documentation to the IRS, but you will be required to present it if audited.
Please complete the following form to download our official manufacturer's certificate. Keep this for your records to verify that you have had genuine Progressive Foam siding insulation installed on your home.